Overall top choice: Airwallex
Of the 5 money transfer providers we tested and reviewed, Airwallex was a standout option for its combination of speed and cost.
Over the last six months, Airwallex appeared in 100% of searches for transfers between Equatorial Guinea and Spain.
When sending money from Equatorial Guinea to Spain, using Airwallex in a great option.
How to get the best deal on your Equatorial Guinea to Spain money transfer
Considerations to make sending money from Equatorial Guinea to Spain easy
Comparing the different providers offering services between Equatorial Guinea and Spain, is the best way to send money with confidence.
The 5 providers we've compared ensures you will get the best options for your transfer to Spain from Equatorial Guinea. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Airwallex as the best overall, comparing gives you a comprehensive view of all the options for transferring CFA Franc BEAC to Spain.
Cheapest way to send money to Spain from Equatorial Guinea: Airwallex
The cost is a combination of an average fee of 0* XAF and an exchange rate for converting CFA Franc BEAC to Euro that is 1.67% different to the mid-market rate.
On average, Airwallex is 0.5% cheaper than the second-best option.
We would recommend Airwallex for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to XAF-EUR by Airwallex, based on data from the past six months.
Fastest company to send money to Spain from Equatorial Guinea: Airwallex.
Through our data, Airwallex was the quickest way to send money from Equatorial Guinea to Euro 100% of the time.
Sending money through Airwallex to Spain from Equatorial Guinea has an average fee of 0 XAF.
To understand who was the fastest, we tested Airwallex as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from Equatorial Guinea to Spain. This was made up of transfer times to Spain after CFA Franc BEACs were added to a money transfer account.
When fast money transfers between Equatorial Guinea and Spain are a priority, Airwallex is our recommended choice.
Transfer a large amount of money
Airwallex is the strongest option for large transfers of the 5 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Equatorial Guinea to Spain can become expensive through your bank or with the wrong provider.
Our data shows Airwallex as the best choice for sending large sums of money to Spain from Equatorial Guinea.
Understanding the cost of sending money to Spain from Equatorial Guinea
The cost of sending money from Spain to Spain, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from XAF-EUR is 0.0015 EUR per CFA Franc BEAC.
Finding a provider offering an exchange as close to 0.0015 as possible will ensure more Euro received when transferring.
For context, the XAF-EUR mid-market rate for the past three months has averaged 0.0015 EUR per CFA Franc BEAC. This includes a high of 0.0015, and low of 0.0015.
Payoneer currently offers the best exchange rate on transfers from Equatorial Guinea to Spain.
For the most part the XAF-EUR exchange rate you receive is the biggest factor impacting the cost of sending XAF to Spain.
Fees: Outside of exchange rates, you may need to pay a fee to send. Airwallex currently offers the lowest fees on transfers to Spain from Equatorial Guinea, averaging 0 XAF over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging CFA Franc BEACs to EUR, paired with a low fee, means a higher total amount received in Spain.
Finding the best exchange rate between CFA Franc BEAC and Euro
Getting a strong exchange rate between XAF and EUR is essential. The exchange rate you secure impacts how much EUR you get for your XAF.
It can pay to track rates, and keep on top of currency trends.
Over the past six months, the mid-market rate from XAF to EUR has averaged 0.0015.
In this period there was a high of 0.0015, and a low of 0.0015.
Airwallex, which is our recommended service to send money online from Equatorial Guinea to Spain offers an exchange rate with a mark up of 1.67% above the mid-market rate.
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Payment methods for Equatorial Guinea to Spain transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Equatorial Guinea.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Equatorial Guinea to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XAF to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.